Louisiana Is Second-Most Expensive State For Drivers
According to the finance firm Bankrate.com, Louisiana is the second-most expensive state for drivers.
Spokesman Chris Kahn compiled the research for the study. He says they looked at gas, insurance and repairs and found that drivers in Louisiana pay about $2,555 annually simply on things dealing with their car. It puts the state up there with expensive states like Florida, Mississippi and New Jersey.
The insurance costs are some of the highest in the country.
"These are three states that have had a lot of hurricanes, and the insurance costs are some of the highest in the country," Kahn said.
Kahn says Louisiana motorists pay an average of $1,277 a year on insurance, which is the highest in the nation. He says that's the cost that really hurts our ranking in this report.
"If you look at every other cost, Louisiana is at the national average, or below the national average," Kahn said.
Kahn says there are lots of things people in Louisiana can do to reduce their insurance rates, and one of those things is making sure you have a good credit score. He says many people don't realize insurance companies do pull your credit report when setting your premium.